OVERDRAFT FACILITIES

OVERDRAFT FACILITIES
Renders your budget flexible!

Definition :

This facility is meant to finance your daily needs, protect you from end of month financial difficulties and renders your budget more flexible. It can be permanent or spontaneous.

Target :

Private customers who earn a salary and are holders of MCB Credit & Securities Limited checking accounts.

Added Value at MCB Credit & Securities Limited :

At MCB Credit & Securities Limited, all salary earners systematically* benefit from an overdraft facility equal to 50% of the salary paid into their accounts.

(*) subject to the submission of an attestation of irrevocable salary transfer. The systematic nature can only take effect after an observation period that may extend to one year.

Duration :

The maximum term for this loan ranges from 1 to 12 months (renewable)

Subscription

Visit the nearest MCB Credit & Securities Limited branch to you. Our Customer Relationship Officers are here to help you sign up for an OVERDRAFT FACILITY.

Advantages
  • Stay relaxed when faced with temporary financial difficulties: Unforeseen circumstances, a delay in the payment of your salary, the MCB Credit & Securities Limited overdraft facility enables you to face end of month difficulties or carry out unforeseen expenditures with ease.
  • Enjoy this reliable credit facility in the simplest manner.

MCB Credit & Securities Limited’s Proposal:

  • The amount may be up to half of your monthly salary.
  • A preferential interest calculation rate.